CASE STUDY

Financial Statements for Walmart Stores Inc. and Macy's Inc.

Table $3-8$ contains the financial results for Walmart and

Macy's for $2012.$ Evaluate the financial performance of

each company based on the various metrics discussed in

Section $3\mathrm{.}1,$ such as ROE, ROA, profit margin, asset

turns, APT, C$2$C$,$ ART, INVT, and PPET. Can you

explain the differences you see in their performance

based on their supply chain strategy and strictiote? $C.$

rics does each company perform better on$?$ What

chain drivers and metries might explain this differ

performance?

TABLE $3-8$ Selected Financial Data for Walmart Stores Inc. and Macy's Inc.